Monday, 29 December 2014
Last updated 2 hours ago
Jul 25 2007 | 11:34am ET
Man Global Strategies and Plinthos Capital today unveiled its Founders Incubation Platform, a seeding and incubation platform for U.S.-based hedge fund managers.
The Founders Program combines a traditional seeding platform with a multi-strategy investment platform, and aims to provide entrepreneurial portfolio managers with an infrastructure and sufficient capital so they can concentrate solely on asset management, according to the firm.
Man Global, which manages US$19 billion in assets, provides the investment and working capital for the incubation platform while Plinthos provides infrastructure support, which includes office space, trading execution technology, and legal and compliance support. Simon Irish, head of U.S. manager selection for MGS, will lead the initiative.
“The Founders Program will enable us to support some of the best money managers to develop sustainable asset management businesses with long-term performance potential,” said Alexander Lowe, CEO of Man Global Strategies.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.